The EU just approved its 21st round of sanctions against Russia, hitting energy, finance, crypto, and trade—with a 12-month freeze on the oil price cap, a major escalation. Internal disagreements delayed action, notably Greece’s exemption to keep shipping Russian LNG, but unity prevailed. The package targets more Russian officials and expands financial and crypto restrictions, signaling a united front despite compromises. Some proposals, like a visa ban for Russian fighters, were shelved for later, while countries like Bulgaria and Portugal blocked specific measures. Final technical details are being ironed out, and formal adoption is imminent—showing the EU’s unwavering commitment to economic pressure on Moscow.
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